There s one key reason for that.
Electric tankless hot water heater vs tank.
This energy star certified titan of a tank delivers up to 72 gallons of hot water per hour dependent on tank capacity which is a rate much faster than the normal electric water heater.
Either a gas burner or an electric element heats the water.
For most households they can produce a savings of 100 or more every year.
It uses high powered burners to rapidly heat water as it runs through a heat exchanger and deliver it directly to your faucets or shower without storing it in a tank.
Tankless water heaters are as much as 34 more efficient thank tank models according to the energy department.
Before you decide that gas is the winner in the natural gas and propane vs electric hot water heater debate you need to consider the pros and cons of electric heaters.
Either a gas burner or an electric element heats the water.
They re more energy efficient than a storage tank but provide only a limited flow of hot.
Sometimes called on demand water heaters tankless systems supply continuous hot water when needed and for this reason have increased energy efficiency.
You can find a high quality electric water heater for as little as 500.
As a result tankless water heaters deliver a constant supply of hot water.
Electric tankless heaters are much less expensive than gas and do not need ventilation.
While tankless water heaters run more efficiently than storage tank water heaters replacing a tank water heater with a tankless can be expensive and the payback time can be longer than the warranty.
Similar to traditional hot water tanks tankless heaters can use different fuel types to heat the water.
On the other hand a large unit will require more electricity to run which can increase monthly bills.
You re not limited to the capacity of a holding tank.
You re not constantly heating a tank in anticipation of needing it you only use energy when you use hot water.
No waiting for hot water tankless hot water heaters instantly heat the water you need.
However a tankless water heater s output limits the flow rate.
Tankless water heaters heat water directly without the use of a storage tank.
Even top range electric heaters cost little more than 700.
Typically tankless water heaters provide hot water at a rate of 2 5.
Long lifespan tankless water heaters last about 20 years compared to an average of about 10 to 15 with conventional water heaters.
Rather than storing water tankless water heaters use heating coils to heat the water as you need it.